Letter to BS: Q1 GDP growth speeds up, but policy concerns remain

For long these two sectors have been a drag on GDP growth, and a cause for serious worry

Your prompt and finely balanced editorial, “A positive surprise” (September 3) must serve as an aide-memoire for the government and a cautionary note about reining in the celebrations for the superb Q1 GDP growth rate. Admittedly, it is a great achievement and vindication of the government’s unflinching stand on the long term good effects of demonetisation and the Goods and Services Tax. Despite severe criticism of both the drastic measures — especially the vicious attacks on demonetisation, mostly prompted by those with hordes of black money — the government maintained a sustained optimism in the inherent good in both these